All Stories
Follow
Subscribe to Flughafen Wien AG

Flughafen Wien AG

EANS-Adhoc: Flughafen Wien AG
Insider (Ad-Hoc) Information: 3rd Runway - Adverse Decision of the Austrian Federal Administrative Court

--------------------------------------------------------------------------------
  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is solely responsible for the content of this announcement.
--------------------------------------------------------------------------------
Justice/Processes/Company Information/3rd Runway
09.02.2017


Insider (Ad-Hoc)Information of Flughafen Wien AG: 3rd Runway - Adverse Decision
of the Austrian Federal Administrative Court
 
On Thursday evening, the lawyer representing Flughafen Wien AG was
electronically notified - with respect to the legal proceedings initiated
against the ruling by the court of first instance granting approval of
construction of a third runway at Vienna Airport - of an adverse decision handed
down by the Austrian Federal Administrative Court acting as the court of appeal
on this project. From the point of view of Flughafen Wien AG, an initial cursory
examination already leads to the conclusion that this adverse judgment on the
part of the Federal Administrative Court is legally and objectively untenable
and false. For this reason, the company will file an extraordinary appeal
against this decision with the Austrian Supreme Administrative Court.
Accordingly, Flughafen Wien AG will continue to vigorously pursue this project.
 
Decisions on any possible accounting effects on balance sheet figures or value
adjustments can first be made on the basis of a detailed analysis of the
decision made by the Federal Administrative Court and a corresponding evaluation
of the consequences.
 
The guidance announced by Flughafen Wien AG with respect to the dividends to be
expected by shareholders for the 2016 financial year remains fully valid.


Further inquiry note:
Flughafen Wien AG
Investor Relations
+43 1 7007-22826 
investor-relations@viennaairport.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      Flughafen Wien AG
             Postfach  1
             A-1300 Wien-Flughafen
phone:       +43 1 7007 - 22826
FAX:         +43 1 7007 - 23806
mail:         investor-relations@viennaairport.com
WWW:         http://viennaairport.com/unternehmen/investor_relations
sector:      Transport
ISIN:        AT00000VIE62
indexes:     ATX Prime
stockmarkets: official market: Wien 
language:   English

Original content of: Flughafen Wien AG, transmitted by news aktuell

More stories: Flughafen Wien AG
More stories: Flughafen Wien AG